Flint estimates backlog from new contracts, renewals

Executive Summary

• Flint Corp. announced approximately $320 million in new contract awards and renewals booked between July 1, 2025, and October 27, 2025.
• The contracts span multiple core service lines, including construction, maintenance, turnarounds, and environmental services.
• Revenue recognition is scheduled such that approximately 13% of the work will be executed in 2025, with the remaining balance scheduled for execution between 2026 and 2030.

Key Details

• Total Contract Value: Approximately $320 million in backlog generated from new awards and renewals.
• Booking Period: July 1, 2025, to October 27, 2025.
• Execution Timeline:
  • ~13% of the work to be executed in 2025.
  • Balance scheduled for execution from 2026 to 2030.
• Service Lines: Construction, maintenance, turnarounds, and environmental services.
• Strategic Focus: CEO Barry Card highlighted multiyear renewals and new awards driven by customer confidence in safety, operational excellence, and collaboration with local communities and indigenous partners.

Notable Quotes

• "We are pleased to announce strong contract bookings, including multiyear renewals and new awards across our core service lines: construction, maintenance, turnarounds and environmental services. These contracts, valued at approximately $320-million, reflect our customers' confidence in Flint's safety and operational excellence, and commitment to continuous improvement," said Barry Card, chief executive officer.
• "Our focus on collaboration with customers, local communities and indigenous partners continues to drive our success and expand our scope of work. We remain dedicated to delivering safe and reliable, high-quality solutions that support our clients' long-term needs. Thank you to our team and partners for their ongoing contributions. We look forward to building on this momentum as we execute these projects and pursue further growth," added Mr. Card.